#FOMCMeeting As of today, June 18, 2025, the WalletConnect Token (WCT) is experiencing some volatility. Its price is currently around $0.36 - $0.39 USD, reflecting a decline of approximately 5-10% in the last 24 hours. The token has a circulating supply of over 186 million WCT out of a maximum supply of 1 billion.1
WCT is the native utility and governance token of the WalletConnect Network, a crucial decentralized communication protocol connecting cryptocurrency wallets with dApps.2 Its utility includes paying for network services, incentivizing network security through rewards, and enabling staking for governance participation.3 Recent news highlights continued ecosystem expansion, including airdrops (some targeting Jupiter stakers and Backpack badge holders) and efforts to expand to the Solana blockchain, which have previously caused significant price rallies and subsequent corrections.4 The token is traded on major exchanges like Binance.